HINDPETRO break from the trading range Res:580 STOP:514
This chart & view was posted earlier, the target remains same. Price will support at this trend line bottom & the RSI is moving up in hourly chart.
Below 21590 today’s supports are 21540_21460 & 21415 Above 21650 toady’s resistance are 21700_21780 & 21830 Yesterday’s low 21489 is important. Weekly below 21350 BN supports will be 21310_ 21230 & 21000 Weekly above 21530 BN Resistances will be 21580_ 21660 & 21800
Below 9250 today’s supports are 9225_ 9203& 9148 Above 9270 today’s resistance are 9285 & 9310 Nifty' yesterday low was 9218, there is no much differences in levels. watch for the weekly close today, important level is 9150. Weekly below 9150 Nifty' supports will be 9110 & 9040 Weekly above 9200 Nifty' Resistances will be 9240 & 9320
a = 199.10 b = 1.99.1 x 1.278 = 254.6 =9273.6 the invalidation is 161.8% comes 9341 if turn out to be true c will be 100% ,123.6% or up to 161.8% and minimum expected correction is 9019. can go down to 8952.
There are different approaches to follow market trend. While the index is maintaining above a trend line, we assume, the market is bullish. One has to wait for a trend line to break, which may associate with an oversold indicator, a divergence will emphasis the signal. Or one can decipher a cue from a pattern completion, or a wave completion, before that a single...
Below 9250 today’s supports are 9230 & 9196 Today, again the primary view is bearish as per the indicator signs. those who are not comfortable with it, keep below level for them and enjoy,if Nifty' trading above 9280 Note that weekly level 9150, below that we may go a firm bearish move. Above 9280 today’s resistance are 9276 & 9330 Weekly below 9150 Nifty...
Below 21600 today’s supports are 21540_21420 & 21380 Today, again the primary view is bearish as per the indicator signs. those who are not comfortable with it, keep below level for them and enjoy,if BN trading above 21700 Note that weekly level 21350, we may go a firm bearish move. Above 21700 toady’s resistance are 21765_21830 & 21900 Weekly below 21350 BN...
Above 9250 today’s resistance are 9270 & 9310 Below 9220 today’s supports are 9188 & 9156
BANKNIFTY: 21547 Above 21590 toady’s resistance are 21630_21710 & 21760 Below 21510 today’s supports are 21460_21380 & 21320
Reliance is having a breakout from a long trading range and from a symmetrical triangle, the stock is having the potential to cross all time high 1649, and probably will find a new high in the rage of 2850 in coming years.it was trading in a range between the GANN 3X1 ie:18.75 resistance and 4x1 ie:15deg support line, on having this breakout from the resistance...
Gold is currently trading near a pitchfork channel res: & at pivot top resistance 41264. A pivot support is down near $1195
First posted on 8 FEB 2017 USD seems to be in wave iv, correcting now. Wave iii may be concluded at 68.9, with a gain of 24.9 points. Minimum 38% correction is expected, and we may see rupee 60.
The Fear Index made an extreme low 10.39 on17thMarch. A lower volatility means that a security’s value does not fluctuate dramatically, but changes in value at a steady pace over a period of time. Thais what is happening now. VIX level of below 15 is seen as stability to the market, while a figure above 15 indicates high volatility.
Above 9250 today’s resistance are 9270 & 9310 Below 9220 today’s supports are 9188 & 9156
Above 21590 toady’s resistance are 21630_21710 & 21760 Below 21510 today’s supports are 21460_21380 & 21320
For Mon 20170403 BANKNIFTY: 21444 Day Pivot:21477 Below 21400 today’s supports are 21340_21280 & 21210 Above 21480 toady’s resistance are 21550_21660 & 21710 Weekly below 21350 BN supports will be 21310_ 21230 & 21000 Weekly above 21530 BN Resistances will be 21580_ 21660 & 21800 Monthly below 21250 BN Supports will be 21130_20940 & 20630 Monthly above 21640...
For Mon 20170403 Nifty: 9174 Day Pivot:9130 Below 9162 today’s supports are 9144 & 9096 Above 9185 today’s resistance are 9200 & 9252 Weekly below 9150 Nifty supports will be 9110 & 9040 Weekly above 9200 Nifty Resistances will be 9240 & 9320 Monthly below 9110 Nifty supports will be 9015_8915 & 8845 Monthly above 9240 Nifty Resistances will be 9335 _...